SSC GD 2023 PYQ — Question 17

SSC GD Constable (English) - 24 Jan 2023 - Shift 4 • English • Q17

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

Technological innovations have led to marked improvements in (1) ___________, productivity, quality, inclusion and competitiveness in extension of financial services, especially in the area of digital lending. However, there have been (2) __________ consequences on account of greater reliance on third-part lending service providers mis-selling to the unsuspecting customers, concerns over (3) _________ of data privacy, unethical business conduct and illegitimate operations. While the current share of digital lending inoverall credit pie of the financial sector is not significant for it to affect financial stability, the growth momentum has (4) ___________ stability implications. The larger issue here is protecting the customers from widespread unethical practices and (5) ___________ orderly growth.

Select the most appropriate option to fill in blank number 1.
 

Show answer & explanation

Correct answer: C

Explanation

The Correct answer is option 3 i.e. efficiency.

  • "Efficiency" fits well in the context because technological innovations often aim to streamline processes and make them more efficient.